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spoke a few hours ago, and breaking news, john kerry will speak in about 15 minutes. kerry is in ukraine's capital of kiev. the secretary also visited independence square, which had been the center of protests and where a huge memorial has now been erected to those killed before president yanukovych was ousted. we'll bring you secretary kerry's remarks live when he starts. again, that's in about 15 minutes from now. meantime, speaking publicly for the first time since the ukraine crisis boiled over, president putin accused the west of encouraging a, quote, unconstitutional coup in ukraine and said russia reserves the right to use military force as a, quote, last resort. however, these images, obviously, are stirring. russian troops, who had taken control of a ukrainian air base in crimea fired warning shots as ukraine soldiers approached. all this as we said with secretary of state john kerry now in ukraine in a show of support. nbc news chief fortunate affairs correspondent andrea mitchell joins us now by phone in kiev. andrea, do we have a preview of what we might hear from secretary k
a part of russia. new this morning, secretary of state john kerry arrives in kiev in ukraine to discuss financial assistance for the nation. and washington sends a message to moscow suspending the plan to trade investment talks with russia. first, global markets making a comeback today. u.s. stocks took a big hit yesterday including the dow which suffered a triple digit loss. let's bring in in christine romans. what is behind the bounceback? how do markets look now? >> markets look good now for u.s. stocks. what's behind the bounce back is the fact president putin ended the military exercises in russia. when that happened and the president gave his press conference about four to five hours ago and said that he was not going to an ex crimea, you saw the highs reached in stock futures. dow up 165, nasdaq up as well. look at s&p 500 futures. if they rise 18 points, 20 point, you'll see a record high in the s&p 500. something a lot of market watchers are saying is interesting given the tension you're seeing in the strategically vital area of the world. it's volatile. they're pointing out ev
when us president rob obama and his secretary of state john kerry held separate press conferences in different countries at the same time both condemning lost power over its actions against ukraine now in washington as an obama urged russia to de escalate the situation in ukraine insisting that moscow's explanation for its military response to the crisis. does it reflect real advance on the ground. something seems to have a different set lawyers may get a set of interpretations but of. i don't think that's pulling anybody in the meantime in kyiv by secretary of state john kerry was talking deafening and write me rush out simultaneously during the fifteen minute news conference mr kerry use words like of grass or provocation and intimidation to describe but lost out when talking about ukraine's internal leaders he had nothing but praise by using words like high aspirations hope and democracy week and then the russian federation's act of aggression. the russian god. out of excuses. friday instead of udon. false oaths intimidation. and provocations. us officials i also did i announce
calls terror. meantime, our secretary of state john kerry is in dehe have meeting with leaders of the newly formed ukrainian government as the united states announce as one billion dollars eight package to ukraine and considers sanctions that putin says will only backfire. a live report moments from now. but first right now, breaking news on today's top headlines and brand new stories you will see here first. jon: a major announcement from nascar star kurt bush. what he is planning to do that no driver in the last decade has done. >>> 8-year-old suing her parents for college tuition. today they face off in court. >>> and toronto mayor rob ford appearing on "jimmy kimmel" live. the man who admitted to smoking crack reacted to the suggestion that he get some help. it is all "happening now." jenna: lots of news to get to today. we start with words that new obamacare delay is in the works. apparently in time to help democrats in the upcoming midterm elections. that is what some say. hello, everybody, great to see you. i'm jenna lee. jon: another day, another alteration of the rules
expect quite clearly him to work very carefully with secretary kerry of the united states who will be in late tonight and with the ukrainians tomorrow morning to do what he can to prop up ukraine but at the same time tried to, with a way to punish russia. to speed with the latest military situation. clearly a mobilization has taken place over the weekend. but it is not clear who is on whose side. >> that's right. -- russia in control of crimea. troops on the ground. they are working with a russian speaking militia there. got permission on saturday from the parliament to deploy troops. but these forces actually a. before that permission. there is a sense that we actually could see an escalation from where we are now. yesterday they surrounded ukrainian military bases. like you said, the ukrainians themselves are mobilizing but also seeing defections. so, just over the weekend we have seen the head of the navy defect. pro-russian crimean authorities. ironically just one day after he was put in the job after his predecessor was fired over concerns over his loyalty. so, clearly th
they're even russian. a lot of moving part this is morning as secretary kerry arrives in ukraine. >>> what we can learn about the entire 2014 campaign and how one candidate is working on 50 years of family history on the ballot. >>> and more developing news this morning. the president's outside political operation making changes in the wake of an exclusive nbc news report on their fund-raising operation. we'll have more on what organizing for action chief jim messina has now told his team. >>> good morning from washington. it's tuesday, march 4th, 2014. this is "the daily rundown." >>> first reads of the morning, russian president vladimir putin went before the media this morning to defend his country's actions in the wake of the ukrainian revolution, arguing that it amounted to a coup that demanded a russian response. he he told reporters he would use force in ukraine only as a last resort, he claimed. but he said he reserves the right to do so. putin also said further military action would be justified because the ousted president, victor yanukovych has requested it. he said an
they think could be repercussions from the international community? >> well, kerry is on his way here. he wants to do two things. one, prop up ukraine by directly expressing support for ukraine. some think this russian intervention adds impetus to is push to a russian-led apec, which comes later in the week. on the other hand, he may want to punish russia with whatever leverage they have. he spent the better part of yesterday on the phone with a whole host of leaders. have a listen. >> it is really 19th century behavior in the 21st century. there is really no way to start with, if russia persists in this, that the g-8 countries are going to assemble in sochi. that's a starter. >> and one thing, he's been talking about the ruble weakening. we're seeing more of that today or the prospect of more of that happening today. so i think kerry thinks, and the u.s. thinks, that some of russia, that asome of the punishment for russia will be self-inflicted. they are also talking about asset freezes, visa bans. the u.s. does $40 billion in trade with russia. kicking russia out of the g-8, or at least
political tensions continue to center, a meeting taking place in paris today with secretary of state kerry and russian counterpart, sergey lavrov to attend. the media at the conclusion will bring you those remarks live when they start. >> this is one of our favorite times of the year at c-span. the time i get to the winners of our annual student documentary contest called studentcam. the 2014th team for students interested in entering the most important issue that congress should consider in 2014. this year we received the record number of 200 -- 2,350,000 entries came from 46 states from the district of columbia, from taiwan and from the united arab emirates. as students around the country and internationally. altogether, 4860 middle and high school students participated this year, either individually or on teams. one other thing special about this years contest as we doubled the number of prizes and the amounts of prize money. it went from $50,000 contest to us giving away $100,000 in prizes. that meant 150 poor student documentarians and also the 97 students to receive honorable venture
-western ukrainian government. mr. kerry is in town as well. and officials traveling with mr. kerry said the administration will work with congress to give a billion dollars in loan guarantees plus offer technical assistance, assistance making sure that the election coming up on may 25th meets with international standards, plus help in combatting all kinds of issues including crumbation. plus the imf talks are still ongoing and perhaps early hopes for imf money in ukraine may be dashed. it could last a little bit longer. goes, i'll hand it back to you. >> busy day for you, steve, we'll come back to you later on. >>> want to look at the markets in light of the situation in ukraine and looking ahead to jobs friday. and chad, good to see you today. >> good to see you as well. >> obviously you can't take your eye off of that boiling pot as the secretary of state, of course, lands there. but does this give us more room to think about jobs on friday? >> yeah. absolutely indeed. this was basically a -- the ukrainian crisis is a thunderstorm that just rolled through the markets but we do believe
. there are other reports -- e u.s. statement called at the g7. >> there is a ramp up with secretary kerry migrating toward kiev. i think it is fabulous. this is great. this is the best signal for vladimir putin. the secretary of state stopping and having a baby. -- hugging a baby. john kerry makes the right decision. striking awork groundbreaking agreement with disney. there was a legal standoff between -- and disney over dish's skipping technology. >> this is a huge deal. disney is agreeing to go over the top. they are providing content not on the cable box, not on the --, actually on the web. they refused to do that. this is breaking the traditional agreement they have had with cable carriers, especially espn. > my word for 2014 is distribution. >> over the top. this is huge for disney. >> maybe that leads the way toÀa la carte programming. the big investment banks bracing for a trading plunge in the first quarter. typically the first quarter is when these banks to the best in trading. dropsays that trading will to the high to mid-teen percentage. jamie dimon said that revenue from equities and
a carpet of flowers and a very moving moment for john kerry as he stood there and remembered the dead. he is now talking to politicians, to the prime minister, and he has something to offer. he said that president obama will work with congress to approve a billion dollars in loan guarantees. now, this will mainly help with cuts in subsidies to fuel costs for ukrainians. it is generally considered that fuel has been too cheap here which, of course, if the sud d sud /* subsidies are taken away will be a hardship for ukraineians and he said the u.s. will help with the economic challenges in ukraine and help to stamp out corruption and the united states also helped with providing some observers for the presidential e elections, the forthcoming presidential e elections. finally, because the u.s. is the main contributor to the international monetary fund, he said the united states is ready to support a listening program, a big lending program from the imf because ukraine is broke. it's teetering on the verge of bankruptcy. all of that, of course, in addition to, i am sure, discussions about w
the pressure on. u.s. secretary of state kerry flies to kiev. good morning everybody. we are live from europe's headquarters here in london. my colleague francine lacqua is off today. we begin with the market reactions to the crisis in the ukraine. investors are selling off russian and western assets on concerns that we are seeing a standoff between russia and the west intensify to a level we have not seen, really, since the end of the cold war. jonathan ferro joins us with the details of the selloff in russia, while caroline hyde takes a closer look at what is happening to european companies and markets. >> russian equities down eight 8.5%.lf percent -- that was for one reason and one reason only, russia's central bank comes out and hikes to seven percent from 5.5%. they say the reason is to prevent inflation risks and ensure financial stability. it does not remove political risk. that is what is driving these markets. look in commodity markets, that is where you get the broader story. natural gas is up two percent this morning. his been up there since most of the morning. this is critical,
incident. nine cents and i never even existed. us secretary of state john kerry heads to kiev. robin hanson. israeli prime minister benjamin netanyahu readies his speech to the biggest pro israel lobby in washington monday let me tell drop the bomb i think that the compromise stance. and a cheery as a president officially declares he'll seek a controversial full term. the guy makes a rare appearance in order to file. watching the sunset johnny asked me to. first a supposed deadline from russia for ukrainian forces to surrender has come and gone without incident. but thousands of russian troops are still in place in a mainly russian speaking region of many a ukrainian military leaders say russia's black sea fleet commander gave them a deadline of three am to surrender or face attack a deadline that was officially denied to brush up on her fairy has been the ukrainian it though that's in the slavic to july's morton's the boston harbor. ukrainian that our cca for russian ships ever finishing isn't one other boat from leaving. or did it to surrender. crews say they have no intention of phishin
of state john kerry touches down in kiev later today. >>> negotiations with the imf are under way as ukraine seeks to shore up its finances. ukraine's prime ministers are in a dire state. >> we need to quickly design and implement the austerity program. >>> in corporate new, glencore xstrata beats forecasts. >>> and president obama focuses his attention back on domestic issues as he prepares to unveil his fiscal 2016 budget plan today at 11:30 eastern. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >>> welcome to "worldwide exchange." a very different picture behind me compared with the start of the show in yesterday's session. 9/1 greens to red these morning taking the stoxx europe 600 up 1 is.2%. as you can see, the picture very volatile this morning. what we have heard is that russian troops have been removed from the border. exercises that they were completing on the western boundary of russia, being seen by the markets as a concession, as lowering sentiment and danger surrounding the situation in crimea at the moment. as
tense situation. we will take you live to kiev. secretary of state john kerry is heading to ukraine. he will be there tomorrow. but the big question is, what can the u.s. do, if anything? investors aren't waiting for the answer. they are selling big-time. stocks plunging around the world as worst day in a month for the dow. the dow with huge triple digit declines of nearly 200 points, better than 1% decline. now, warren buffett says that if others are selling, he's buying stocks today. what is the oracle eyeing right now? he spoke with becky quick. we'll find out this hour. stocks, of course, tanking today but over the past 20 years, equities have had some of their biggest gains right now in march and april. so if you can play past the world events is there a buying opportunity? we'll find out but first let's check in with sue at the nyse. >> you might have to have a strong stomach to buy today because stocks around the world tanking on those fears about russia's moves into ukraine. the dow posting its biggest one-day drop since early february. we are down 192 points. that is off the lo
.s. chaims that number is -- claims that number is much higher, perhaps 16,000. jeact john kerry is i -- secrety of state john kerry is in kiev. when it was reported that russia had issued an ultimatum, although russia denied making a threats. today president obama said russia's violation of international law will be in his words a costly proposition. >>> the tensions over crimea drew gractly over the weekend as a steady stream of forces, pressure is growing across ukraine with al jazeera's journalists covering key developments. >> ukrainians are preparing themselves for war. in kiev where there has already been so much bloodshed, people expressed their allegiance to ukraine and their defiance of russia. it's fighting rhetoric and for now, it still is only talk. people have been responding enthusiastically to the call to mobilize. here there are young men, there are older men. people with military experience. people without any military experience at all. but yo who still want to take p. we have visited a total of three stations in and around kiev and already in the first few hours se
billion and expects to get it. enough, the u.s. secretary of state john kerry arrives and to talk about how the international community cap pop-up ukraine and be looking to hear from him about how he intends to punish russia. talked about sanctions. will be looking for more details about that from him during his visit. very quickly, the situation, does it feel under control, the markets seem to think so. is it because of the selloff yesterday because markets are pause?day apu -- a >> crimea is effectively under russian control. the next question is, are russian forces one to the east of the company -- of the country and nobody knows that. >> ryan chilcote on the ground in kiev. headng us is mark, global of investment at ubs. great to have you the program. thank you for coming on. talk about ukraine. this really took us by surprise. the last two weeks it has been escalated. it is very serious. we're talking about sovereignty and borders. the markets reaction yesterday seem to may be have been overdone if you look at today's reaction. meeting around the clock of that's because we have hea
. this is a declaration of war by vladimir putin. u.s. secretary of state john kerry condemning russia's actions and will travel to kiev tomorrow for talks with the new ukrainian government. >> president putin is using force in a completely inappropriate manner. fears he's going to lose on the international stage. russia is going to lose. >> steve, it's the one possible benefit of seeing russian aggression here, but actually, it could boost popular support for the new ukrainian government. >> i'm not sure about that, julia. i think this is a country that's split top to bottom, east to west, north to south. the russians invaded crimea. it is the russian troops in force with a lot of military hardware. because they said and putin said with the backing on the russian parliament they were defending the interest of russian speakers, just to remind viewers, crimea was russian. 58% of the minimum of the population believe themselves to be russian. it's a similar story in the east of the country, as well. i don't know if you can hear behind me, we've got pro government demonstrations behind me and pro r
with ukraine. >>> secretary of state john kerry says the u.s. is prepared to offer the new ukraine government $1 billion in loan guarantees but he says russia must not get the wrong idea about american involvement in the ukrainian uprising. >> we are hoping that russia is not seeing this as sort of a continuation of the cold war. we do not see it that way. we do not believe this should be an east-west, russia-united states. this is not rocky iv, believe me we do not see it that way. >> introduced today as the main protest camp in kiev. tim friend is in ukrainian capitol. >> in a freezing independence square the politicians have been forces to consult the -- forced to consult the people who believe they achieved a revolution in ukraine. for those pitching to be part of a new ukraine, yetsenyuk, and yulia tymoshenko's fatherland party. >> this way people feel united. >> we believe maidan fulfilled its role. people need to fulfill their interests. we have to stand for what we want, and they act according to their wishes. that's how we'll get the future that we want. >> if anyone thought that fol
ofthe the world. we need to get to the crisis in crimea. john kerry is headed to the capital of kiev to meet with the new prime minister. i went to bring in julianna from a snowyng us washington, d.c. i imagine the white house had a busy weekend. is d.c. surprised by putin's aggressiveness? respondare working to in handle and control this to the extent they can. seen, the options available to the u.s. are pretty limited. saying over the weekend they are essentially dealing with a leader in valid america -- and vladimir putin who is dealing with a 20th leadingmindset while rusher to be part of the 21st-century economy. that is the challenge they are dealing with. y areare not saying ther going to be changing the calculus. what they are working on is speaking with a united voice out of the international communities, g7. the weekend the u.s. and other g7 nations are expending -- suspending preparations for the g-8 in sochi. there working him putting together sanctions to punish russia and working on putting on an aid package for ukraine which john kerry will be discussing. >> what about
. the next move by the united kerry will be heading to kiev tonight. they are showing support for a larger package being headed up by the imf eric wedge of russian groups on the one side will about leverage on the u.s. side? is there any leverage that they have? >> there's not a whole lot of leverage other than the isolation that the president talked about, and the threat of echo extinctions. military force, the military action not even on the table. the president believes and smart able to the, and sanctions. the suspending of the g-8 summit , canceling trade and marshall talks, those are off our table. toss could be an effort to russia out of the g-8 altogether, and then kicking them out of the wto, freezing assets to u.s. banks and european banks, and severing commercial ties. we are a long way from that, a lot of road ahead in terms of trying to reach a diplomatic solution there. tengion seem to be going up instead of down. >> thank you very much. for more on ukraine, and the potential sanctions that could be imposed on russia we have robert kahn, the former senior adviser at the world
the ukranian people. international support for kiev is growing. u.s. secretary of state john kerry was there today expressing moral support along with a massive aid package, and he spiced in some tough words for russia. >> if russia does not choose to deescalate, if it is not willing to work directly with the government of ukraine as we hope they will be, then our partners will have absolutely no choice but to join us to continue to expand upon steps we have taken in recent days in order to isolate russia politically, d diplomatically and economically. >> steve sedge wik is in kiev with the latest challenges the interim government still faces. >> reporter: here in kiev on tuesday a slight lessening of tensions. for the first time since the start of the crisis we heard from russian president putin who appeared to say there will be no russian military activity across ukraine. he failed to answer the questions about whether there were 16,000 russian troops on the crimeaen peninsula. elsewhere we're seen secretary of state john kerry offering support to the fledgling pro-western govern
of the midon, the crisis in the ukraine has changed its face. it hasn't dissipated. and today secretary kerry was greeted in kiev by ukrainians pleading for the continued support of the united states. and so having been so clear voiced in our support of the ukrainian people thus far since the tproe tests began last november, now is the moment when republicans and democrats should stand united in this congress so years from now when a group assembles in kiev marking the anniversary of this grave crisis they will celebrate ukraine's political sovereignty and economic rebirth with more chance of thanks to the united states. so, in what shape should this support come? first, we need to stand together in the next week to deliver serious financial assistance to ukrainian economy that is weak and is growing weaker as this crisis persists. a $1 billion aid package is a good start, but our real work must happen within the structures of the i.m.f., which can provide the potentially tens of billions of dollars necessary to fully right the ukrainian economic ship. and while ukraine does need to undergo e
and funded by your local cable or satellite provider. like us on facebook and follow us on twitter. kerry was in ukraine tuesday in a show support for the new government. a news conference with russian president vladimir putin and has some. -- in his home. he spoke with reporters on tuesday. this is just over an hour. to use force, it would be humanitarian. this is just over one hour. >> good afternoon, ladies and gentlemen. proposal. let's not have an interview but a conversation. i would like you to give you as many questions -- i will write them down. try to respond to them. later on, we will talk in detail. on some of the issues that you are interested in specifically. >> mr. pruden, i would like to mr. putin, how do you assess the events in kiev? you believe that the government or president are legitimate? under what conditions are you willing to support them? is it possible to go back to the agreements of february 21 which were mentioned often here? hold on a second. russia promised financial support to crimea. of atre an understanding what source and what conditions -- >>: the seco
to have their own way. > has won support of the kiev. an protesters in secretary of state john kerry says the u.s. is formulating a loan guarantee to the country. kerry also warned against any russian intervention. and investors are punishing r.b.s. it has posted its biggest loss since getting a government bailout in 2008. they have plans to shrink their government investing business and overseas operations. now lego's results have come out. david tweeth tweed is at the company's h.q. in denmark. good to see you. >> guy, they have just been handed to me, these results. what we see is once again lego is powering ahead with an increase in sales of 11%. i'm going to give it to you in u.s. dollars to about $4.5 u.s. dollars. a little bit of a showdown from last year 25rks% increase in sales but extremely respectable when you consider that the global toy market has been either slightly declining or has been flat in some markets. they have increased sales in all markets and what they are aiming to do and continuing to say they can do is continue to make market share. let me give you the net pr
to sevastopol and the russian black sea fleet >> reporter: in washington, secretary of state kerry spoke with russian foreign minister sergei lavrov by phone. kerry said lavrov assured him that moscow has no designs on ukraine. >> i made it clear that intervention would, in our judgement, be a very grave mistake. i nevertheless, made it clear that that could be misinterpreted at this moment and that there are enough tensions that it is important for everybody to be extremely careful not to inflame the situation and not to send the wrong messages. he reaffirmed to me that president putin is committed and that as a matter of policy, they do not intend to violate the sovereignty of ukrainement. >> and this afternoon the united nations security council met to discuss ukraine. >> meanwhile the deposed president of ukraine viktor yanukovych renewed his claim on that post today in his first public appearance since he fled kiev last friday. he called the pending may 25 elections illegitimate, and the interim ukrainian leadership bandits, speaking in the russian city of rostovondon, hard by the
of the interim ukrainian government. john kerry will be traveling to kiev, to indicate our support for the ukrainian people to offee specific and concrete packages of economic aid because one of the things we're concerned about is stablizing the economy even in the midst of this crisis. and what we are also indicating to the russiann is that if in fact they continue on the current trajectory that they're on that we are examining a whole series of steps, economic, diplomatic, that will isolate russia and we'll have a negative impact on russia's economy and its status in the world. we have already suspended preparations for the g8 summit. i think you can expect there would be further follow-up on that. i think we're taking a look at a whole range of issues that john kerry mentioned yesterday. and the question for mr. putin who i spoke to directly, and the question for the russian fact their concern is that the rights of all ukrainians are respected, if in fact their primary concern is as they have stated is that russian speakers, russian nationals are not in any way harmed or abused
kerry going out and talking about these sanctions that he will impose. if you are not on board with them, where we you go? what is the million-dollar question. >> it is manus cranny breaking down the numbers. trough interrupt and they missed on the numbers. if you look at the details of , the pain comes in the first half and it comes in the first half when they took the pain on the chin. make costthey would savings and also, the world is looking better and they are it.ing with the other issue is what they are doing with the assets. they are synonymous, really. don't worry. we are on track and are having discussions. are is $5 billion and they going to get ready for are nearly at the point where they can sell. that is what they are telling us. >> the strategy is different. but it is ironic. had areersation i have going to be more prudent and pull from capital expenditure. x -- that -- they have cap acts and the strategies are 25% of aing assets for coal miner and they have huge tonnage is of coal because they bought into the deal. this is as china says they will use less coal. it is going
. secretary kerry and i and the acting foreign minister of ukraine will be in paris tomorrow. there is an opportunity for us to have consultations under the budapest memorandum. that is the technical answer. that is what it provides for. further to the point of the secretary's comments, the u.k. andived a limited supply exposure to consequences for the rest of europe. what do you do about ensuring the security of the supplies so does not end up limiting our ability to take actions against russians? with the gentleman is raising is very important but it is more of a medium to longer-term issue. there are important things we're doing now to a different side -- diversify energy supplies in europe. one of them was the new pipeline which we inaugurated the construction of in december but that will take several years to construct. although this is a medium to long term issue, i think what has just happened will be a sharp reminder to everyone in europe that it is an important issue. dealing with it is going to become one of the important foreign-policy security issues over the next
of state john kerry, mobilizing a kind of diplomatic blitz against putin's actions in ukraine. but besides this war of words analysts have been telling us the u.s. and its allies have few options when it comes to pressuring putin and putin knows that. diplomatic sanctions like boycotting the upcoming g-8 summit in june, sochi, they dent putin's pride but it's symbolic. economic sanctions, the u.s. has little leverage over russia. eu sanctions might have teeth, we're told at least. but it's reluctant to go there because putin could retaliate, spike natural gas prices. finance sanctions, like freezing putin's assets in u.s. banks might work but recall last year, the u.s. act did just that, to certain russian human rights abusers but the only tangible result was a russian ban on u.s.' option. what remains what we're seeing, diplomatic pressure. kremlin, we're seeing from here, hearing kerry's criticism. fo foreign minister lav aaron regent -- lav rov were unacceptable. putin appears unaffected by any of this pressure as he stays focused on what our sources are calling his main goal, which is
exercises that were linked to kiev. john kerry is set to arrive in kiev in just a few hours to show support for the new ukrainian government. as we're speaking, vladimir putin is holding a press conference. you can see right now, take a look at the market reaction as dow futures are up by 162 points. that would be gaining back more than the losses of yesterday. this comes after monday's tumble where you did see stocks lower. right now, the major european averages are higher. the dax in germany up by 1 is.5% and the if it cac in london up .7%. right now, stocks are up about 6% in moscow. yesterday, the stocks in moscow were down close to 11%. joe, right now, over to you. >> that 60 billion number is familiar. >> it's more than the olympics, right? >> yeah. this must have gotten vladimir's attention, yeah. let's check some of the other markets this morning. oil and a lot of the commodities were up yesterday. they're easing a little bit today, as you can see. that will bring some relief. check out the ten year. the ten-year has been, obviously, trading on things other than the situation in ukr
in with that story. john, what's going on? >> bill, secretary of state john kerry is just now doing a briefing with reporters, and we've seen one story come out of that which is that the united states is considering now that president yanukovych has left kiev, we're awaiting the formation of a new government. it's going to be more pro-western than president yanukovych's, secretary of satae kerry says the u.s. is considering a $1 billion loan guarantee to ukraine. no final decision made. the u.s. is considering that. but one sign that the united states is going to try to help fill that power vacuum in a constructive way that will benefit the west as well. bill? >> but, john, it's a billion dollars. a billion dollars will do nothing in this situation. >> well, i think it will do more than zero dollars would. i don't know how much a billion dollars can do. >> thank you, john harwood. >> good faith deposit or something. i don't know. okay. here we are heading towards the close. 30 minutes left in the trading session. the dow is up 19, but the s&p is the one the traders all keep an eye on, and we a
. secretary of state john kerry has called the russian foreign minister to express concerns. after report of pro- russian groups seizing control of two airports in ukraine's crimea region. they are urging russia against action that might be misinterpreted as a violation of ukraine's sovereignty. white house press secretary jay carney responded during today's briefing. >> secretary kerry said today the u.s. is watching the activity and that it might be, quote, crossing a line. is that the administration to also be very careful in making judgments out about that. what have they done to cross the flying? >> again, we are watching to see as the secretary said, whether or not russia is doing anything that might be crossing the line in any way. we strongly support the territorial integrity and sovereignty and we expect other nations to do the same. reports of russian intervention in crimea are of deep concern to the united states as secretary kerry said ambassador rice. intervention would be a grave mistake. these reports are also inconsistent with the previous statements to the united states b
reports secretary of state john kerry called russia a's foreign minister to express concerns of reports of pro- russia gunmen patrolling streets in armored vehicles and seizing several of airports in the region. the ap says that secretary kerry urged sir j. lab -- lavrov. back in washington washington, . president obama spent the day at the white house hosting a student film fests after him. later today 4:45 he will speak at the democratic national committee winter meeting being held at the capital hilton. we will have live coverage of the remarks on c-span. again it is up 4:45 eastern. let's go live to the briefing room under way about ten minutes press secretary jay carney speaking with reporters. the first several questions on the subject of ukraine. live coverage on c-span2. >> you were just talking about the concerns you have for the central russian involvement in ukraine. what option does the united states have available, should we reach that point? spinet i'm not going to speculate. what i would tell you is the matter that we are very focused on, the president, secretary of state
. we are concerned about the middle east peace process. we are concerned that john kerry has been pushed into this. it's a serious issue. stagesnately, at various of his campaign, he was played with either new ukrainian authorities. for instance, the first meeting he had with the new chairman of the rada, their press service reported that he supported the current processes. what it meant onto those circumstances when n -- was not clear. the day before there was the february 21 agreement that was supported by the secretary-general. if the representative was there, you would them to support this agreement which was signed the day before. then we are given the expedition that he did not really say or mean it. what he said was completely different. is treading on very difficult ground. if you are asking again about crimea,ibility of the if the authorities are ok with that, why not? it's not a situation where one can improvise. muchnk we have seen too improvisation rather than sticking to the solid ground of the february 21 agreement. situationere was the at the beginning of the syrian
kerry and all those. at the samepening general time these negotiations were taking place in geneva. i know he shared this with other senators. we are looking at something that is really going to change the allen's on the ground. -- we'ree balance looking at something that is really going to change the balance on the ground. 15-3.k the vote was arm and train the vetted moderate rebel groups. at the time, interest -- idris was the person we are casting our lot behind. by the way, i think you have seen public announcements by the administration. they have said some things about covert activities. i do not think i've ever heard people announced before. it is an unusual way of owing about foreign policy. of significance has really occurred. camps on then the border of syria. i know i saw it. i was there prior to the conflict. i have -- i know assad. i was there prior to the conflict. i reckon i do know some of the refugees. i have said our country is going to continue the humanitarian efforts. those things have not occurred. different place. we do need to continue to look at what that migh
of state john kerry warned russia against military action saying it would be a, quote, grave mistake. kerry saying yesterday the u.s. could offer a billion dollars of loan guarantees but the state department maybe wants some of that back later, issuing a statement that the u.s. is considering, quote, a range of options, including loan guarantees. they left the number out and noted as kerry did, that the decision has not been made. u.s. officials have said several pieces have to fall into place before any aid can be given. you have to have a government. there's not much the u.s. can do. that government has to signal intentions for reform along the lines that the imf was sort of laid out. those reforms include exchange rate flexibility. michelle broke that story the other day that they are moving towards that. fiscal consolidation getting its budget under control. the imf will take the lead and the u.s. and the west has to balance all of this in i way that doesn't unnecessarily antagonize russia. >> forget about it. how do you do that? especially since you have militia all over crimea. >> you
is in the back of people's minds. would you have a situation? that is why john kerry and u.s. officials are telling russian officials to stand down and reminding them of what the russians said about libya. you told us not to going to libya, you should stand down on the situation. ramificationsge with regard to syria. >> this is a question of sphere of influence. you have a situation. are you going to double down on your other remaining ally if you lose crimea? >this is strategic. these are military bases. they do not want to lose allies. they are going to throw a lot behind assad right now. >> here is my morning russ street -- must read this morning. a really smart essay. putin is looking west. now --e is a discussion is china the market for russian gas? things that he is not going to cut off the gas to europe is that he does not want to lose markets. >> great conversation. how does this play in washington? >> it is fascinating. takes a lot of pressure off the economy in the u.s.. you do not have to worry about rates rocketing up. >> people by u.s. bonds. >> exactly. >> should i take my
and pushing back these russian efforts shown support for the authorities in kenya. it's a scary kerry going there tomorrow. i know that there are other ministers in western leaders were visiting there to try to show the kind of support only russia has adopted on a course of force and pressure and that has to be resisted and i will see whether sanctions or threats and economic pressures sector convention on russian economic interests individuals will be enough to cause a putin in russia pause and stop in which case you can then start to try to rebuild governance in ukraine and inclusiveness in ukraine or whether he will just simply calculate that whatever the penalties are right about now. they have more staying power than the last us in such pursuits and we can see a very aggressive coursework in coming days. again in the usa has been debating that very question of the question of one's lips on the side of the atlantic laid bare by the uk tabloid the sun. with that the question is put on its front page. this monday asking. come on if you have if it didn't have a go if you think about the fe
. we have come out and said we would be willing to lend the country $1 billion. john kerry announced that news earlier this week. that is just a drop in the bucket. can these debt issues be solved? but it hase solved to be properly dealt with. the international monetary fund is the organization that should take care of this situation. willerstand that the imf meet early next week to start working with the new government. the prime minister yesterday made a good point in his declaration and he says it's a high priority for the new government and the imf will ask ukraine to do certain things. it will be to let the exchange rate: that has already happened. the exchange rate has now reached a reasonable value. help drop the deficit sharply. that will end the corrupt subsidies to the coal and gas sector. >> where does this leave the eu? this is a country that if it were to become part of the eu would be bringing on a whole a lot of problems. it is effectively another grease type situation in terms of being in debt. eu'soes that leave the feeling toward ukraine knowing if they were to welc
to the defense department. >> john kerry seems like he is preparing a way to say no. >> you can argue that both ways. i can't imagine that he will say eno. even the study that they put out paves the way for keystone. my guess is yes to keystone and come out with regulations on existing power plants later in the year. >> if you want to look at the most politicly expedient answer. chairman -- >> sorry i missed you last week, i got snowed in. >> we hope to see you again soon. who knows what we will be calling you in the future. >> paul. >>> coming up it's 1849 all over again. why gold prospectors are dancing. we have details after the break. check out gold prices right now. "squawk box" coming right back after this short break. >>> i love gold! ♪ >>> coming up, the investors' bulls eye on target. we speak to an analyst for reaction to the numbers and the company comments. "squawk box" on cnbc, profit from it. on your own... or with a fidelity investment professional, helping you find new ways to plan for retirement and save on taxes where you can so you can invest in the life that you want today
continues its military buildup in crimea. john kerry visits the capital. and the imf begins its mission. ukraine will get $3 billion in financing. the iv -- the imf will be meeting with the economy minister tomorrow. how the chaotic situation in ukraine had change the countries needs? bad. is pretty >> the imf said it would like it raised by 30%. do you think that right now in this environment, it is little bit radical? the prime minister said it was super flexible. >> in the presence of russian troops in ukraine, what kind of strain does that put on [inaudible] the level of uncertainty is all around the country. the conditions are pretty nervous. -- nowsday of last week, with the presence of russian more money? >> i do not think we need more money. >> the prime minister said some money would be diverted to the military. underfinanced for a long time in the past. the basic expenses should be covered by the ukrainian state. and then there is the gap. if we repay all of the debt it is ad for this year, geo -- from what i hear from the --ld, from what i hear from >> people are talking abou
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